{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/85617"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/85617","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"The Effects of Fixed Factors of Production in Optimal Growth Models","abstract":"After inspecting the effect of the fixed factor upon economic growth, I go on to further examine properties of the optimal growth path. Assuming a specific C.E.S. form for utility and fixing the amount of land available and an AK type production function (that is, for the model of chapter 2), we may calculate the terminal time at which the economy's entire stock of land is developed. We cannot calculate the optimal terminal time for the model with exogenous technological progress, however, because to do so involves solving an unsolvable series of nonlinear differential equations.","abstract_html":"After inspecting the effect of the fixed factor upon economic growth, I go on to further examine properties of the optimal growth path. Assuming a specific C.E.S. form for utility and fixing the amount of land available and an AK type production function (that is, for the model of chapter 2), we may calculate the terminal time at which the economy's entire stock of land is developed. We cannot calculate the optimal terminal time for the model with exogenous technological progress, however, because to do so involves solving an unsolvable series of nonlinear differential equations.","abstract_has_math":false,"creators":["Benjamin, Richard Michael"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Economics","degree_department":null,"school":null,"contributors":["Charles Kahn"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2015,"date_issued":"2015-09-25T22:47:37Z","date_published":"2015-09-25T22:47:37Z","updated_at":"2026-07-22T22:26:25Z","subjects":["Economics, Theory"],"languages":["eng"],"rights":[],"rights_urls":[],"identifier_entries":[{"key":"dc:identifier","label":"Identifier","values":["(MiAaPQ)AAI9812532"],"render_values":[{"text":"(MiAaPQ)AAI9812532","href":null,"code":true}]}]},"links":{"outbound_url":"http://hdl.handle.net/2142/85617","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Charles Kahn"]},{"key":"dc:creator","label":"Author","values":["Benjamin, Richard Michael"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2015-09-25T22:47:37Z","10000-01-01","1997"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Economics"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Dissertation"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Ph.D."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Economics, Theory"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["eng"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["http://hdl.handle.net/2142/85617","(MiAaPQ)AAI9812532"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["After inspecting the effect of the fixed factor upon economic growth, I go on to further examine properties of the optimal growth path. 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